The story appears on

Page A11

October 17, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

Shares end winning ways

SHANGHAI shares dipped yesterday, ending a four-day rising streak last week, amid a slowing growth of the consumer price index and a wait-and-see stance by investors before the release of third-quarter financial reports.

The Shanghai Composite Index lost 0.36 percent to 3,378.47 points.

Consumer goods such as medical equipment and electronic devices led decliners as the CPI posted a slower growth of 1.6 percent year on year in September from August’s 1.8 percent. It was the eighth straight month that the CPI was below 2-percent level.

Shanghai Kindly Enterprise Development Group Co, a medical device maker, tumbled 9.11 percent to 17.36 yuan (US$2.63), while Will Semiconductor Co fell 7.36 percent to 30.23 yuan.

Shenzhen-based startup board ChiNext slumped 2.25 percent. Shares of Shenzhen Coship Electronics Co and Wangsu Science&Technology Co fell.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend